Business

Reliance Launches Sun Crush in India, Sparking Price War

Published

1 year ago

March 19, 2025

Reliance Consumer Products (RCPL), owned by Mukesh Ambani, has officially announced its acquisition of the India rights for the premium juice brand Sun Crush, sourced from Muttiah Muralitharan’s Ceylon Beverage International. The company will commence local production of the juice, entering the competitive Indian retail juice market, where it will rival established brands such as Dabur’s Real, ITC’s B Natural, Amul Tru, Paperboat, and PepsiCo’s Tropicana.

To ensure a strong market presence, Reliance is adopting a pricing strategy akin to its successful approaches in the soft drinks and energy drink segments, launching Sun Crush at Rs 20 for a 200 ml bottle. This strategic move is expected to escalate competition in the packaged beverage market, where brands like Real and Tropicana already offer similar priced juice alternatives.

Sun Crush represents Reliance’s second foray into the juice sector, following the acquisition of RasKik. According to a leading FMCG distributor, in addition to competing with giants like Dabur and ITC, Tata Consumer is also exploring new, competitively priced packaged juice options.

Reliance ventured into the juice market two years ago with the purchase of RasKik from Vikas Chawla, the former managing director of Coca-Cola Southeast Europe. Beyond juice, the company has an ongoing partnership with Ceylon Beverages for contract packaging of Campa and the co-creation of the energy drink Spinn India, along with distribution rights for both energy drinks and juices throughout India.

The current valuation of India’s beverage market stands at Rs 67,000 crore, with projections indicating it could soar to Rs 1.47 trillion by 2030. This figure encompasses a diverse range of products, including carbonated drinks, juices, fruit-based beverages, and bottled water, as reported by the think tank ICRIER.

Reliance is also committed to enhancing its consumer brands business through strategic marketing investments. Dinesh Taluja, Chief Financial Officer of Reliance Retail Ventures, stated that the company’s FMCG operations—which include Lotus Chocolates, Maliban biscuits, and personal care products under the Independence and Good Life labels—aim to reach one million retail outlets by FY25.

Business

Opendoor Shuts Down India Operations, 250 Employees Affected

Published

1 week ago

June 11, 2026

Namma Kudla

Business: US-based real estate technology company Opendoor has decided to close its operations in India. The move will impact nearly 250 employees.

CEO Kaz Nejatian said the company is bringing operational roles closer to its customers in the United States. He explained that most of Opendoor’s customers are based in America.

The company said the decision is not related to the performance of its India team. Nejatian praised the employees for their hard work and contributions.

Affected workers will receive severance pay, job placement support, and other assistance. A small number of employees will stay temporarily to help with the transition.

Opendoor said it will continue focusing on simplifying operations and improving efficiency with new technology and AI.

Business

Domestic LPG Cylinder Price Increased by Rs 29

Published

2 weeks ago

June 7, 2026

Namma Kudla

New Delhi: The price of domestic LPG cooking gas cylinders has been increased by Rs 29 across India. This is the second price hike in the last three months.

The increase comes as global energy prices continue to rise due to the ongoing conflict in the Middle East.

After the revision, a domestic LPG cylinder now costs Rs 942 in Delhi, Rs 941.40 in Mumbai, Rs 968 in Kolkata, and Rs 957.50 in Chennai. In Bengaluru, the new price is Rs 944.50 per cylinder.

The government said the cost of supplying LPG has increased significantly. However, subsidies under the Pradhan Mantri Ujjwala Yojana continue to help over 10 crore beneficiaries.

Petrol, diesel, and CNG prices have also increased in recent weeks as global fuel markets remain volatile.

Business

Honda Begins Delivery of 2026 City Hybrid

Published

2 weeks ago

June 3, 2026

Namma Kudla

Business: Honda Cars India has started delivering the new 2026 Honda City Hybrid to customers. The first car was handed over at a dealership in Bengaluru.

Honda President and CEO Takashi Nakajima attended the special delivery event. Other senior company officials were also present.

The first customer received a Crystal Black Pearl Honda City Hybrid. The car was delivered with a symbolic key and a gift hamper.

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The updated City comes with new features such as ventilated front seats and a 360-degree camera. It also offers wireless Apple CarPlay, Android Auto, and a sunroof.

The sedan is available with petrol and strong-hybrid powertrain options. Honda claims the hybrid version delivers a mileage of 27.26 kmpl.

The Honda City competes with the Volkswagen Virtus, Skoda Slavia, and Hyundai Verna in India.